Travis Delly | UMe IDX

Travis Delly

Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail	Assumable Loan Assumable · FHA	Assumable Loan + Second Assumable · FHA	Current Market Conventional New · Conventional
Loan amount	$312,527	$312,527	$1,035,000
Remaining term (yrs)	20.2	20.2	30.0
Secondary amount	$0	$722,473	$0
Funding fee	$0	$0	$0
Note rate	3.770%	3.770%	7.400%
Blended rate	4.620%	6.805%	7.640%
1st payment	$1,835.81	$1,835.81	$7,166.13
2nd payment	$0.00	$4,665.97	$0.00
Taxes / mo	$474.58	$474.58	$474.58
Insurance / mo	$216.67	$216.67	$216.67
MI / mo	$280.10	$280.10	$207.00
HOA / mo	$120.00	$120.00	$120.00
Total monthly	$2,927.16	$7,593.13	$8,184.38
Cash to close	$837,473	$115,000	$115,000